ISHARES SELF-DRIVING EV&TECH (IDRV) Stock Technical Analysis
NYSEARCA:IDRV - NYSE Arca - US46435U3665 - ETF - Currency: USD
Overall IDRV gets a technical rating of 6 out of 10. IDRV has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
IDRV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IDRV is lagging the market slightly.
In the last month IDRV has a been trading in the 28.63 - 31.68 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, IDRV outperforms 56% of them, which is more or less in line with the market.
IDRV has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.81
32.98
We found 3 important support areas.
- A support zone ranging from 29.52 to 30.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.98 to 29.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.08 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.14 to 32.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.69
Mansfield-0.44
10 Day High31.68
10 Day Low29.19
20 Day High31.68
20 Day Low28.63
52 Week High32.72
52 Week Low25.66
Performance
1 Week1.01%
2 Weeks3.65%
1 Month3.2%
3 Month5.59%
6 Month6.35%
12 Month0.39%
2 Year-20.32%
3 Year-34.86%
5 Year22.4%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)58.21
LBB28.67
UBB31.79
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.69 | 29.18 | 2.51 (7.92%) | 12.63% |
| An entry @31.69. This is a Buy Stop order right above the 10 day high. | An exit @29.18. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.51 points, which is 7.92%. | For a 1.00% total portfolio risk, you can invest 12.63% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:IDRV (2/21/2025, 8:27:38 PM)
30.98
-0.24 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.77%
1 Week1.01%
2 Weeks3.65%
1 Month3.2%
3 Month5.59%
6 Month6.35%
12 Month0.39%
2 Year-20.32%
3 Year-34.86%
5 Year22.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%1.88%
ATR Inc-4.56%
Range Today0.72
ADR(20)0.45
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.69
Mansfield-0.44
10 Day High31.68
10 Day Low29.19
20 Day High31.68
20 Day Low28.63
52 Week High32.72
52 Week Low25.66
CS1 End30.5
CR1 Start31.14
Volume & EV
DER(3)-4.59%
DER(5)-1.68%
Volume38.40K
Volume Incr-33.5%
Vol(5)33.02K
Vol(50)49.00K